“I’ve never owned anything before.” One of my clients recently swelled with pride after realizing they’ll own an asset outright for the first time.
THIS MAKES MY HEART SING.
Consumer culture has us focused on payments and what we can afford to pay monthly rather than considering the total cost of ownership. Instead of starting from a cash position of strength, buying and owning assets outright, society has trained us to purchase things before we can actually afford them.
Insidious payment methods like “Buy Now, Pay Later” have become fashionable, ensuring we continue a moneystuck cycle of ongoing liabilities. It’s why even if we’re not technically in interest-bearing debt, we still can’t seem to get ahead.
If you’d like to partner to examine your money habits and determine whether owning assets is possible for you, visit MakingMoneyIsSimple.com to book a free consultation.